Tulsa, OK (PRWEB) August 28, 2014
From the financially devastating Target and Nordstrom breach incidents to the recent Russian hacking invasion, where an estimated 1 billion passwords were stolen, it would seem as if no one in corporate America has been properly protecting their consumers’ data from a malicious hack.
So that average people can protect themselves from the dangers of these ramped incidents, Alex Pezold, CEO and co-founder of TokenEX, an enterprise-class, data security platform that offers virtually unlimited flexibility in how its customers can access, store and secure their company’s data to avoid a breach, says, “We have to educate consumers about the differences in types of data, including sensitivity levels and how certain combinations of it can lead to bigger issues, such as when a hacker obtains several key pieces of personally identifiable information (PII) and then is able to gain access to your bank account.”
Pezold says there is a hierarchy of data sensitivity levels that consumers must understand in order to protect themselves from the damages associated with having certain types of information stolen. Below he lists and explains the types of data you are typically asked to disclose when shopping or making a routine visit to your doctor:
All things considered, any of the data sets above are considered very sensitive and consumers should be aware that they all need to be protected.
TokenEx was founded in 2010 by Alex Pezold and Dr. Jerald Dawkins. With the continued increase of payment card fraud and data breach incidents, they saw an opportunity to use a combination of technologies (tokenization, encryption and key management) to reduce the risk of handling payment card data for merchants and personal data for organizations (academia, healthcare, etc.) To date, TokenEx has been privately funded and received state grants in order to develop its patent-pending technology. In its short lifespan, TokenEx has already received awards for its innovation and has also been featured in a myriad of trade periodicals. For more information on the various industry sectors TokenEx services, or to sign up for a free 30-day trial, visit http://www.TokenEx.com.
Note: To interview Alex Pezold by phone or email, please contact Genevieve Malandra at 914-241-0086 ext. 26 or gmalandra(at)rlapr(dot)com.